Is Bank Reconciliation is a part of double entry system?

Bank reconciliation is not part of a double-entry system. A double-entry system is a method of accounting where each transaction is recorded in two parts, debit, and credit. This system ensures that the total debits are always equal to the total credits. Bank reconciliation, on the other hand, is a process of comparing the balances as per bank statement and the cash balance as per book of accounts to identify discrepancies and errors. It helps in ensuring that the cash balances as per books and the bank are in agreement and also in detecting any fraudulent activities or errors.